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Dovercourt-Wallace Emerson-Junction, Toronto
$899,000
Legal Triplex - Turnkey Investment or Multi-Generational Living Opportunity! Welcome to this bright and spacious legal triplex featuring 3 self-contained one-bedroom units, each with its own private entrance. Thoughtfully designed for comfort and functionality, all units feature laminate flooring throughout and are filled with natural light. Ideal for investors or families, this property is currently operating as a successful Airbnb, but also offers incredible potential for long-term tenants or extended family living together. Additional features include: Shared washer and dryer in a common area, 1 pad parking space, Private workshop at the rear of the property - perfect for hobbies, storage, or additional workspace. Steps to TTC transit and the vibrant restaurants on Toronto's coolest Street - Geary Ave. All furniture included - move in or rent out immediately! Don't miss this fantastic opportunity to own a versatile and fully furnished triplex in a highly convenient location.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,727 |
| Lot Size | 15.33 ft x 60 ft |
| mls© Number | W13573162 |
| Listed By | FOREST HILL REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,601
- Property tax
- $311
- Heat allowance
- $150
- Housing costs
- $5,062 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$156,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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